Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates - 2022
Contents:
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates (CIF) - 2022
- Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates (FOB) - 2022
- Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates
- Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates (CIF) - 2022
The average import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $2,885 per unit in 2022, rising by 58% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings increased by +107.7% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($3,053 per unit), while the price for Germany ($849 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates (FOB) - 2022
The average export price for wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings stood at $955 per unit in 2022, reducing by -54.9% against the previous year. Over the period under review, the export price, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2020 an increase of 111%. Over the period under review, the average export prices attained the peak figure at $2,117 per unit in 2021, and then dropped significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($2,654 per unit), while the average price for exports to Nepal ($38 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates
In 2022, approx. 219K units of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings were imported into the United Arab Emirates; waning by -25.9% compared with 2021. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 72%. As a result, imports reached the peak of 296K units, and then plummeted in the following year.
In value terms, imports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings soared to $632M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 418 | 354 | 460 | 601 | 12.9% |
China | 0.4 | 0.2 | 1.6 | 15.9 | 241.3% |
Japan | 12.5 | 7.2 | 7.1 | 8.3 | -12.8% |
Germany | 7.2 | 3.2 | 5.6 | 2.0 | -34.8% |
United States | 4.2 | 9.4 | 12.6 | 0.5 | -50.8% |
Hong Kong SAR | 11.9 | 6.3 | 14.9 | 0.4 | -67.7% |
Others | 20.1 | 19.2 | 36.9 | 4.4 | -39.7% |
Total | 474 | 399 | 539 | 632 | 10.1% |
Top Suppliers of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding to the United Arab Emirates in 2022:
- Switzerland (196.8K units)
- China (9.6K units)
- Japan (4.1K units)
- Germany (2.3K units)
- United States (1.8K units)
- Hong Kong SAR (0.2K units)
Exports of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates
In 2022, the amount of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings exported from the United Arab Emirates skyrocketed to 147K units, increasing by 319% on the year before. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wrist-watches; whether or not incorporating a stop-watch facility, with automatic windings skyrocketed to $141M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 10.5 | 17.4 | 24.2 | 22.6 | 29.1% |
Kuwait | N/A | N/A | N/A | 21.9 | 0% |
United States | 1.6 | 0.1 | 0.6 | 15.2 | 111.8% |
Qatar | N/A | N/A | N/A | 11.9 | 0% |
India | 0.6 | 0.1 | 1.0 | 11.4 | 166.8% |
Hong Kong SAR | 9.5 | 16.6 | 23.2 | 11.2 | 5.6% |
Saudi Arabia | N/A | N/A | N/A | 8.7 | 0% |
France | N/A | N/A | 0.1 | 1.1 | 1000.0% |
Pakistan | N/A | N/A | N/A | 0.6 | 0% |
Thailand | N/A | N/A | N/A | 0.3 | 0% |
Nepal | N/A | N/A | N/A | 0.2 | 0% |
Spain | N/A | N/A | N/A | 0.2 | 0% |
South Africa | N/A | N/A | N/A | 0.1 | 0% |
Others | 9.4 | 12.7 | 25.3 | 35.5 | 55.7% |
Total | 31.7 | 47.0 | 74.5 | 141 | 64.5% |
Top Export Markets for Wrist-Watches; Whether or Not Incorporating A Stop-Watch Facility, with Automatic Winding from the United Arab Emirates in 2022:
- Saudi Arabia (49.1K units)
- United States (28.8K units)
- Qatar (9.5K units)
- Switzerland (8.5K units)
- Kuwait (8.3K units)
- Nepal (4.5K units)
- India (4.3K units)
- Hong Kong SAR (4.2K units)
- Thailand (3.6K units)
- South Africa (3.1K units)
- Pakistan (3.0K units)
- France (2.6K units)
- Spain (2.6K units)
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